The Impact of Selected R&D Indicators on Economic Activity in EU Countries
The result's identifiers
Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F26867184%3A_____%2F24%3AN0000016" target="_blank" >RIV/26867184:_____/24:N0000016 - isvavai.cz</a>
Alternative codes found
RIV/61988987:17450/24:A25039Q3 RIV/61989100:27510/24:10256035
Result on the web
<a href="https://editorial.upce.cz/1804-8048/32/1/2055" target="_blank" >https://editorial.upce.cz/1804-8048/32/1/2055</a>
DOI - Digital Object Identifier
<a href="http://dx.doi.org/10.46585/sp32012055" target="_blank" >10.46585/sp32012055</a>
Alternative languages
Result language
angličtina
Original language name
The Impact of Selected R&D Indicators on Economic Activity in EU Countries
Original language description
The R&D sector is one of the important economic phenomena in terms of competitiveness and innovation performance. The aim of the study is to examine the impact of selected R&D indicators on the economic activity of EU countries with emphasis on economic growth and employment in knowledge-intensive service sectors in 2011-2021. The research was carried out using panel data analysis (the fixed effects method) for three models of EU countries (EU27 countries as a whole and EU27 countries divided into two groups according to their innovation performance). The results in the evaluated years confirmed the different (positive/negative) impact of the examined R&D indicators on economic growth and employment in knowledge-intensive service sectors between the different groups of EU countries. In the “Innovation Leaders and Strong Innovators” countries, high-tech exports had the largest positive effect on GDP per capita, and general government expenditures had the largest negative effect. The largest negative effect of government expenditures on tertiary education was found in the case of Employment in knowledge-intensive service sectors. By contrast, in the case of GDP per capita and employment in knowledge-intensive service sectors, the largest negative effect of government expenditures on tertiary education and the positive effect of research and development expenditures were found in the “Moderate Innovators and Emerging Innovators countries”. The findings may be useful for both makers of selected public policies and R&D practitioners in evaluating economic analysis.
Czech name
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Czech description
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Classification
Type
J<sub>imp</sub> - Article in a specialist periodical, which is included in the Web of Science database
CEP classification
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OECD FORD branch
50202 - Applied Economics, Econometrics
Result continuities
Project
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Continuities
N - Vyzkumna aktivita podporovana z neverejnych zdroju
Others
Publication year
2024
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů
Data specific for result type
Name of the periodical
Scientific Papers of the University of Pardubice, Series D: Faculty of Economics and Administration
ISSN
1211-555X
e-ISSN
1804-8048
Volume of the periodical
32
Issue of the periodical within the volume
1
Country of publishing house
CZ - CZECH REPUBLIC
Number of pages
18
Pages from-to
1-18
UT code for WoS article
001350115400001
EID of the result in the Scopus database
2-s2.0-85209207909